矩子科技(300802) - 2020 Q3 - 季度财报

Section I Important Notice The Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false records, misleading statements, or major omissions, and assume legal responsibility[4] - Company's responsible person Yang Yong, chief accountant Wang Jianxun, and head of accounting department Wu Haixin declare and guarantee the truthfulness, accuracy, and completeness of the financial statements[5] Section II Company Profile This section provides an overview of the company's key financial data, shareholder information, and changes in restricted shares I. Key Accounting Data and Financial Indicators This section outlines key financial data and indicators, including assets, liabilities, operating performance, cash flow, and non-recurring gains and losses Key Accounting Data and Financial Indicators (Consolidated Statement) | Indicator | End of Current Reporting Period (CNY) | End of Previous Year (CNY) | Change from Previous Year-End (%) | Current Reporting Period (CNY) | Change from Prior Year Same Period (%) | Year-to-Date (CNY) | Change from Prior Year Same Period (%) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Balance Sheet: | | | | | | | | | Total Assets | 1,134,764,044.14 | 1,114,263,768.74 | 1.84% | | | | | | Net Assets Attributable to Shareholders of Listed Company | 1,006,773,921.33 | 944,612,481.67 | 6.58% | | | | | | Income Statement: | | | | | | | | | Operating Revenue | | | | 110,910,764.35 | 30.31% | 343,602,039.16 | 13.73% | | Net Profit Attributable to Shareholders of Listed Company | | | | 26,150,731.52 | 55.75% | 68,338,405.84 | 3.61% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains and Losses) | | | | 21,636,010.58 | 27.39% | 58,748,849.59 | -10.07% | | Cash Flow Statement: | | | | | | | | | Net Cash Flow from Operating Activities | | | | 51,616,703.41 | 36.69% | 26,156,422.57 | -68.62% | | Earnings Per Share and Return Rate: | | | | | | | | | Basic Earnings Per Share (CNY/share) | | | | 0.16 | -27.27% | 0.43 | -51.14% | | Diluted Earnings Per Share (CNY/share) | | | | 0.16 | -27.27% | 0.43 | -51.14% | | Weighted Average Return on Net Assets | | | | 2.64% | -1.36% | 6.91% | -8.41% | Non-recurring Gains and Losses (Year-to-Date) | Item | Amount (CNY) | Explanation | | :--- | :--- | :--- | | Non-current asset disposal gains and losses | -85,615.11 | | | Government grants recognized in current profit or loss | 4,100,109.40 | | | Fair value change gains and losses and investment income | 7,219,438.01 | | | Other non-operating income and expenses | 44,765.22 | | | Less: Income tax impact | 1,661,359.41 | | | Impact of minority interests (after tax) | 27,781.86 | | | Total | 9,589,556.25 | -- | II. Total Number of Shareholders and Top Ten Shareholders at the End of the Reporting Period This section details the total number of shareholders and the shareholding of the top ten common shareholders, including related party relationships - Total number of common shareholders at the end of the reporting period was 11,444, with no preferred shareholders whose voting rights have been restored[12] Top 10 Shareholders' Shareholding | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held (shares) | Number of Restricted Shares Held (shares) | | :--- | :--- | :--- | :--- | :--- | | Yang Yong | Domestic Natural Person | 24.13% | 39,193,200 | 39,193,200 | | Jiaxing Linghui Venture Capital Management Co., Ltd. - Suzhou Yuanya Venture Capital Partnership (Limited Partnership) | Domestic Non-State-Owned Legal Person | 7.55% | 12,258,720 | 12,258,720 | | Shanghai Juzi Investment Management Co., Ltd. | Domestic Non-State-Owned Legal Person | 7.05% | 11,460,000 | 11,460,000 | | Wang Jianxun | Domestic Natural Person | 6.03% | 9,798,360 | 9,798,360 | | Lei Baojia | Domestic Natural Person | 6.03% | 9,798,360 | 9,798,360 | | Xu Chenming | Domestic Natural Person | 6.03% | 9,798,360 | 9,798,360 | | He Li | Domestic Natural Person | 4.22% | 6,858,840 | 6,858,840 | | Zhu Ze | Domestic Natural Person | 3.28% | 5,330,334 | 0 | | Suzhou Kaifeng Wansheng Venture Capital Partnership (Limited Partnership) | Domestic Non-State-Owned Legal Person | 3.17% | 5,157,000 | 5,157,000 | | Xu Jianhong | Domestic Natural Person | 3.02% | 4,899,120 | 4,899,120 | - Company's actual controller Yang Yong controls Shanghai Juzi Investment Management Co., Ltd.; Xu Jianhong is Wang Jianxun's brother-in-law; Xu Chenming and He Li are a married couple[13] 3. Changes in Restricted Shares Restricted shares primarily increased due to asset acquisition, with specific shareholders adding new restricted shares Changes in Restricted Shares | Shareholder Name | Restricted Shares at Beginning of Period (shares) | Shares Unrestricted in Current Period (shares) | Shares Added in Current Period (shares) | Restricted Shares at End of Period (shares) | Reason for Restriction | Proposed Unrestriction Date | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Cui Qin | 0 | 0 | 1,226,241 | 1,226,241 | Issuance of shares for asset acquisition | 2021 年 7 月 6 日 | | Zhang Han | 0 | 0 | 1,226,241 | 1,226,241 | Issuance of shares for asset acquisition | 2021 年 7 月 6 日 | | Total | 0 | 0 | 2,452,482 | 2,452,482 | -- | -- | Section III Significant Matters This section details significant changes in key financial data, progress of major events, and other important matters I. Significant Changes in Key Financial Data and Indicators and Their Reasons During the Reporting Period This section explains significant changes in consolidated financial statements, reflecting key operational, investment, and financing activities Significant Changes in Consolidated Balance Sheet Items | Item | End of Current Reporting Period (CNY) | End of Previous Year (CNY) | Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Notes Receivable | 40,092,314.21 | 17,316,208.67 | 131.53% | Increased customer bill collections and pledged bills | | Receivables Financing | 25,850,727.66 | 3,951,136.27 | 554.26% | Increased customer bill collections | | Other Current Assets | 6,410,424.69 | 10,658,986.62 | -39.86% | Received income tax refund | | Long-term Equity Investment | 8,133,343.32 | 0.00 | 100.00% | Investment in Chengdu Lechuang Automation Technology Co., Ltd. changed from cost method to equity method | | Other Non-current Financial Assets | 20,000,000.00 | 7,650,000.00 | 161.44% | New investment projects | | Short-term Borrowings | 6,810,100.00 | 27,745,025.00 | -75.45% | Repaid previous loans and borrowed new loans | | Financial Liabilities at Fair Value Through Profit or Loss | 120,802.27 | 81,817.01 | 47.65% | Forward exchange settlement fair value change recognized at period-end | | Notes Payable | 37,170,360.94 | 24,624,917.04 | 50.95% | Increased use of bills for payments | | Advances from Customers | 0.00 | 4,029,930.51 | -100.00% | Implementation of new revenue standard | | Contract Liabilities | 12,779,044.47 | 0.00 | 100.00% | Implementation of new revenue standard | | Employee Benefits Payable | 7,990,684.81 | 16,388,977.51 | -51.24% | Paid previous year-end bonus | | Taxes Payable | 8,619,011.95 | 1,063,603.63 | 710.36% | Increased income tax payable | | Other Payables | 2,555,015.43 | 5,539,962.51 | -53.88% | Paid previous year's payables | | Provisions | 966,209.51 | 651,202.62 | 48.37% | Increased provision for quality assurance | | Share Capital | 162,452,482.00 | 100,000,000.00 | 62.45% | Capital reserve capitalization and share issuance for asset acquisition | | Minority Interests | 2,981,116.41 | 37,551,030.78 | -92.06% | Acquisition of 25% equity in Suzhou Juzi Electronic Technology Co., Ltd. | Significant Changes in Consolidated Income Statement Items (Year-to-Date) | Item | Year-to-Date (CNY) | Prior Year Same Period (CNY) | Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | R&D Expenses | 21,862,566.98 | 16,548,966.51 | 32.11% | Increased investment in R&D projects | | Financial Expenses | 798,649.65 | -5,895,649.79 | 113.55% | Exchange rate loss | | Investment Income | 7,340,240.28 | 191,266.00 | 3737.71% | Increased income from wealth management products | | Fair Value Change Gains | -120,802.27 | -503,621.50 | 76.01% | Forward exchange settlement fair value change recognized at period-end | | Credit Impairment Losses | -1,006,168.68 | -2,880,628.02 | 65.07% | Recovered overdue payments, reduced bad debt provision | | Asset Disposal Gains | -85,615.11 | 0.00 | -100.00% | Loss on disposal of fixed assets | | Non-operating Income | 46,546.88 | 205,132.33 | -77.31% | Decreased unexpired housing deposits collected | | Non-operating Expenses | 1,781.73 | 15,433.54 | -88.46% | Decreased loss on disposal of non-current assets | Significant Changes in Consolidated Cash Flow Statement Items (Year-to-Date) | Item | Year-to-Date (CNY) | Prior Year Same Period (CNY) | Change (%) | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 26,156,422.57 | 83,364,474.80 | -68.62% | Increased unexpired receivables | | Net Cash Flow from Investing Activities | -23,939,484.91 | -57,581,056.54 | 58.42% | Increased purchases of structured deposits, increased cash received from investment income | | Effect of Exchange Rate Changes on Cash and Cash Equivalents | -2,199,197.76 | 4,344,524.08 | -150.62% | Exchange rate fluctuation | II. Analysis and Explanation of Progress, Impact, and Solutions for Significant Matters This section details major events, including a subsidiary acquisition through share issuance and cash, and related capital and articles of association changes - The company acquired a 25% stake in Suzhou Juzi Electronic Technology Co., Ltd. from Cui Qin and Zhang Han through share issuance and cash payment, making Suzhou Juzi a wholly-owned subsidiary[20] - The share issuance for asset acquisition was listed on the Shenzhen Stock Exchange on July 6, 2020, involving the issuance of 2,452,482 shares[21][22] - The company's total share capital increased from 100,000,000 shares to 160,000,000 shares, then further increased by 2,452,482 shares due to asset acquisition, resulting in a final total share capital of 162,452,482 shares, with a corresponding change in registered capital[22][23] - The company has completed the industrial and commercial registration application for the change in registered capital and amendment of the Articles of Association[24] Other Significant Matters This section covers commitment fulfillment, performance forecasts, cash dividends, external guarantees, fund occupation, and investor relations activities III. Commitments During the reporting period, there were no overdue unfulfilled commitments by the company or its related parties - The company had no overdue unfulfilled commitments during the reporting period[26] IV. Forecast of 2020 Annual Operating Performance The company did not disclose a forecast for its 2020 annual operating performance, as this item is not applicable - Not applicable for 2020 annual operating performance forecast[27] V. Implementation of Cash Dividend Policy During the reporting period, the company did not disclose the implementation of its cash dividend policy - The company had no cash dividend policy implementation during the reporting period[27] VI. Irregular External Guarantees During the reporting period, the company had no irregular external guarantees - The company had no irregular external guarantees during the reporting period[27] VII. Non-Operating Fund Occupation by Controlling Shareholder and Its Related Parties During the reporting period, there was no non-operating fund occupation by the controlling shareholder and its related parties - The company had no non-operating fund occupation by controlling shareholders and their related parties during the reporting period[28] VIII. Investor Relations Activities Registration Form During the reporting period, the company actively engaged in investor relations activities, hosting multiple on-site surveys with institutional investors Investor Relations Activities During the Reporting Period | Reception Date | Reception Location | Reception Method | Type of Reception Object | Reception Objects (Partial) | Main Content Discussed and Materials Provided | | :--- | :--- | :--- | :--- | :--- | :--- | | 2020 年 07 月 08 日 | Company Meeting Room | On-site Survey | Institutional | Huitianfu Fund, Shenwan Hongyuan, Ping An Securities | Details available on Juchao Information Network | | 2020 年 07 月 22 日 | Company Meeting Room | On-site Survey | Institutional | Huaxi Securities, Guotai Fund, Wanjia Fund | Details available on Juchao Information Network | | 2020 年 09 月 09 - 11 日 | Company Meeting Room | On-site Survey | Institutional | Guohua Life, Zheshang Fund, Hozon Asset | Details available on Juchao Information Network | | 2020 年 09 月 15 日 | Company Meeting Room | On-site Survey | Institutional | CICC, Huaan Fund, BOC International Securities | Details available on Juchao Information Network | | 2020 年 09 月 28 日 | Company Meeting Room | On-site Survey | Institutional | Fosun International, Juming Investment, Ruide Capital | Details available on Juchao Information Network | Section IV Financial Statements This section presents the company's consolidated and parent company financial statements, including balance sheets, income statements, cash flow statements, and adjustment explanations 1. Consolidated Balance Sheet This section presents the consolidated balance sheet as of September 30, 2020, and December 31, 2019, reflecting the combined financial position - Detailed consolidated balance sheet data can be found in the original text on pages 12-15[34][35][36][37] 2. Parent Company Balance Sheet This section presents the parent company balance sheet as of September 30, 2020, and December 31, 2019, reflecting the company's financial position - Detailed parent company balance sheet data can be found in the original text on pages 15-17[37][39][40] 3. Consolidated Income Statement for the Current Reporting Period This section presents the consolidated income statement for the third quarter of 2020, reflecting the operating results of the company and its subsidiaries - Detailed consolidated income statement data for the current reporting period can be found in the original text on pages 17-20[42][43][44][45] 4. Parent Company Income Statement for the Current Reporting Period This section presents the parent company income statement for the third quarter of 2020, reflecting the company's operating results - Detailed parent company income statement data for the current reporting period can be found in the original text on pages 20-22[46][47][48][49] 5. Consolidated Income Statement from Year-Beginning to End of Reporting Period This section presents the consolidated income statement from January 1 to September 30, 2020, reflecting cumulative operating results - Detailed consolidated income statement data from year-beginning to end of reporting period can be found in the original text on pages 22-25[51][52][53][54] 6. Parent Company Income Statement from Year-Beginning to End of Reporting Period This section presents the parent company income statement from January 1 to September 30, 2020, reflecting the company's cumulative operating results - Detailed parent company income statement data from year-beginning to end of reporting period can be found in the original text on pages 25-27[56][57][58] 7. Consolidated Cash Flow Statement from Year-Beginning to End of Reporting Period This section presents the consolidated cash flow statement from January 1 to September 30, 2020, reflecting cash inflows and outflows - Detailed consolidated cash flow statement data from year-beginning to end of reporting period can be found in the original text on pages 27-29[59][60][61] 8. Parent Company Cash Flow Statement from Year-Beginning to End of Reporting Period This section presents the parent company cash flow statement from January 1 to September 30, 2020, reflecting the company's cash inflows and outflows - Detailed parent company cash flow statement data from year-beginning to end of reporting period can be found in the original text on pages 29-30[62][63][64] II. Explanation of Financial Statement Adjustments This section explains financial statement adjustments due to the first-time adoption of new revenue recognition standards, reclassifying advances from customers - The company adopted "Accounting Standard for Business Enterprises No. 14 – Revenue" starting January 1, 2020, reclassifying the non-tax portion of advances from customers to contract liabilities and the tax portion to taxes payable[69][74] Consolidated Balance Sheet Adjustments (January 1, 2020) | Item | December 31, 2019 (CNY) | January 1, 2020 (CNY) | Adjustment Amount (CNY) | | :--- | :--- | :--- | :--- | | Advances from Customers | 4,029,930.51 | 0.00 | -4,029,930.51 | | Contract Liabilities | 0.00 | 3,566,310.19 | 3,566,310.19 | | Taxes Payable | 1,063,603.63 | 1,527,223.95 | 463,620.32 | Parent Company Balance Sheet Adjustments (January 1, 2020) | Item | December 31, 2019 (CNY) | January 1, 2020 (CNY) | Adjustment Amount (CNY) | | :--- | :--- | :--- | :--- | | Advances from Customers | 3,753,710.50 | 0.00 | -3,753,710.50 | | Contract Liabilities | 0.00 | 3,321,867.70 | 3,321,867.70 | | Taxes Payable | 409,908.28 | 841,751.08 | 431,842.80 | Section III Audit Report This section indicates that the company's third-quarter report is unaudited - The company's third-quarter report is unaudited[75]